Holding in Company

City of Oxford Geared Inc Tst PLC
13 August 2001


1)                   Name of company
The City of Oxford Geared Income Trust PLC

2) Name of shareholder having a major interest

                Aberdeen Asset Managers Limited

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
                See below


5) Number of shares/amount of stock acquired

6) Percentage of issued class

7) Number of shares/amount of stock disposed
                1,400,000

8) Percentage of issued class
                8.07

9) Class of security
                Geared Ordinary shares

10) Date of transaction
                10 August 2001


11) Date company informed
                13 August 2001


12) Total holding following this notification
                1,512,591 Geared Ordinary shares


13) Total percentage holding of issued class following this notification
                8.72

14) Any additional information
                Heather J Williams


15) Name of contact and telephone number for queries
                020 7597 1843


16) Name and signature of authorised company official responsible for
making this notification

                Heather J Williams

17) Date of notification:

                13 August 2001



Additional Information
Fund Name                    Current Holding  Current
                                                 %
                             Geared Ordinary
                             shares
Danae Investment Trust plc        82,498       0.48   State Street Nominees Ltd
                                                              for XCD5
Jove Investment Trust plc        201,052       1.16   State Street Nominees Ltd
                                                              for XCD6
Aberdeen Preferred Income       1,220,241      7.03   State Street Nominees Ltd
Trust plc                                                     for XCD8
Discretionary Private             8,800        0.05              N/a
Clients (Glasgow)
                                1,512,591      8.72%